Dow's futures is more than 80 points up now and most Asian markets are more than 1/2% up today morning but Indian markets traded more than .40% down after more than 1/2% positive opening. Intraday voltality and Nifty is trading withinlast Friday trading range 5375-5410 and if sustains below 5375 today then it will be down move confirmation and in that situation Nifty will test 5200.
News based markets and stainability beyond last Friday range will be next move confirmation.